Hi everybody,

I want to know what does a SISTER CONCERN company actually mean. What is it exactly that they follow of their sister company. Please reply to me as soon as possible. Thanks in advance for all the replies I get.

Thanks a lot,
Vaishali

From India, Hyderabad
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I think ..where the company has another company with the different name but being managed by the same top management ..... i hope some others can too throw some light .......... Anu
From India, Calcutta
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Hi Vaishali,

A sister concern is an alternate company of the same parent company. I am working as the Senior HR of a BPO company, which is a sister concern of a huge company dealing with stocks and shares. The top management remains the same; we have the same directors for both companies.

I hope this clarifies the situation.

Thanks,
Sona Yadav

From India, Hyderabad
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If two companies are owned or controlled by the same entity or person, they are sister companies. Those two companies can exist anywhere in the world.

Thanks,
Rupali Agarwal
Director
Pearl Solutions LLC (sister concern of Pearl HR Solution, India)

From United States, Bellevue
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its true but possibility could be the board of directors remains same, but top executives may be diff as from the parent one like ceo or cfo coo . regards, Associate process manager

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